There was a slight decline this month in the median of the home price of $1,100,000. However, the median sold price is up a whopping 22.2 percent from last June. This could be the result of fewer listings on the market. New listings are down 15.7 percent while new contracts increased by 5.8 percent for a total of 55 new transactions in June 2013. The summer months tend to slow down, but we are still seeing great recovery progress from 2012. We anticipate a wonderful fall with all of the great activity we’ve seen this year so far.
Considering a purchasing or selling a property in Paradise Valley? Take advantage of the great market conditions and get your home listed for sale before the snow birds and students return in the fall.
We hope that you enjoy reading and analyzing the Paradise Valley Luxury Home Report and should you have any questions or comments, please feel free to Contact Joe Szabo at 480.688.2020 or email him directly at Joe@ScottsdaleRealEstateTeam.com or Joe@AZLuxuryHomes.com. You can also visit https://www.AZLuxuryHomes.com or https://www.scottsdalerealestateteam.com to find out more about Paradise Valley Homes for Sale and Estates for Sale in Paradise Valley and to search the Paradise Valley MLS for Scottsdale Home Listings.
Please note that this Paradise Valley Real Estate Blog is for informational purposes and not intended to take the place of a licensed Paradise Valley Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale and Paradise Valley Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Paradise Valley, The Szabo group delivers experience, knowledge, dedication and proven results.